Lars Windhorst Found in Contempt of Court by London Judge (1)

German financier Lars Windhorst was found in contempt of court by a London judge after he failed to attend a hearing in his dispute over debt owed to entities linked to a Monaco-based ship tycoon.

Judge David Foxton said Friday that Windhorst had known that not showing up broke court rules, citing Windhorst’s “misplaced view” of prioritizing canvassing potential investors to settle the debt rather than following the court’s orders.

Lawyers for Windhorst said in a document that the financier had missed the December hearing in order to meet with a “very wealthy contact in Dubai” in order to raise ...